Music Wars Scene 25:
So now WalMart, that 800 lb. gorilla of the retail industry, with low, low, prices, is testing its foot in waters of the music download biz
in which the worlds largest retailer considers entering the fray
Wal-Mart Stores Inc. (NYSE:WMT - news) said on Thursday it would begin testing digital music downloads on its Web site, joining a list of companies hoping to profit from the growing demand for such services.Any surprise that they are offering a price that is less than anyone else out there?
Wal-Mart, the world's biggest company, said customers could download songs for 88 cents per track. Wal-Mart said it would gather customer feedback over the next few months and make any modifications before officially launching the service in 2004.